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A comment on China, Not Silicon Valley, Is Cutting Edge in Mobile Tech. Parent comment

Re:China, Not Silicon Valley, Is Cutting Edge in Mobile Tech by zhuzhuor on Wednesday August 03, 2016 @02:13AM (#12215955)
It basically means the lacking of credit systems and mature fraud detections. If you lose your (credit) card or leak your credit card number, the bank won't probably reimburse your financial losses. Compared to credit cards, mobile payments may be more secure.
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Re:China, Not Silicon Valley, Is Cutting Edge in Mobile Tech by jacquesm on Thursday August 04, 2016 @08:58AM (#12225167)
That may well be true but why compare them with credit cards at all? Debit cards have all those functions and a much lower fraud incidence.
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